2 ms·
>For those who do know the space well, how far ahead would one be able to plan to time this right to happen to coincide with the current trends in the market?
by tryptophan 8y ago
>For those who do know the space well, how far ahead would one be able to plan to time this right to happen to coincide with the current trends in the market?
Planning to avoid a recession is impossible, so I guess a few days? Financial news is primarily written to generate clicks, and nothing does that better than fear. Remember that.
These conspiracy theories that they have some inside knowledge about a correction and are trying to get ahead of it happening need to stop.
The problem is that Uber is probably over-valued, and they want to get in before Lyft which has a much lower (and more reasonable) valuation to hopefully capture some of the market's ride-sharing euphoria before lyft takes and dissipates it all, forcing uber to take a lower valuation and make their investors unhapy.
- patothon 8y agoDon't they have different valuations because Lyft is a pure player while Uber has multiple product lines?